# 2 bedroom terraced house for sale (M5 5JZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 29 MARTIN STREET, SALFORD, GREATER MANCHESTER M5 5JZ |
| Price | £120,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £165,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 05/10/2035
- **Current heating cost:** £1,317/year
- **Est. upgrade cost to C:** £11,815

### Recommendations
- A (£900 - £1,200)
- B (£900 - £1,500)
- D (£150 - £250)
- E (£120 - £140)
- G (£220 - £250)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2291-8713-2058-4653-5115)

## Description

TO BE SOLD BY ONLINE AUCTION ON 11TH FEBRUARY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

29 Martin Street, Salford, M5 5JZ. 

Terraced house with hall, lounge, dining room, kitchen, **THREE bedrooms** and bathroom. Rear yard with utility outbuilding. Gas central heating and double glazing. Vacant possession. The house is situated close by to Salford Shopping Centre, Salford University, Salford Quays with its array of shops and restaurants, Salford Royal Hospital and MediaCity, a vibrant waterfront district.

** VIRTUAL TOUR AVAILABLE **

 

Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:

27, Cedric Street, M5 5JY sold on 14/05/2025 for £181,000 Terraced 3 beds 0.03 mi

5, Langton Street, M6 5PX sold on 16/06/2025 for £200,000 Terraced 3 beds 0.15 mi

12, Co Operative Street, M6 5DW sold on 07/02/2025 for £198,000 Terraced 3 beds 0.47 mi

Also located in the same area are BBC Dock House, ITV Studios, The Lowry and VUE Cinema.

Salford is well served by rail links and the M602/M60 motorway network. Extensive recreational facilities can be found at Buile Hill Park which is the largest and most popular park in the city. Tenant ready property rental values in the area are in the region of £1100 per month. EPC rating D. Sold as seen.

## Property Photos

- ![1.jpg](/listings/photos/171457730/1311956) - 1.jpg
- ![2.jpg](/listings/photos/171457730/1311957) - 2.jpg
- ![3.jpg](/listings/photos/171457730/1311958) - 3.jpg
- ![4.jpg](/listings/photos/171457730/1311959) - 4.jpg
- ![5.jpeg](/listings/photos/171457730/1311960) - 5.jpeg
- ![6.jpg](/listings/photos/171457730/1311961) - 6.jpg
- ![7.jpg](/listings/photos/171457730/1311962) - 7.jpg
- ![8.jpg](/listings/photos/171457730/1311963) - 8.jpg
- ![9.jpeg](/listings/photos/171457730/1311964) - 9.jpeg

## Floorplans

- ![fp.png](/listings/photos/171457730/1311965) - fp.png

## EPC Graphs

- ![EPC epcgraph.co.uk](/listings/photos/171457730/1311966) - EPC epcgraph.co.uk

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 29 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £165,000 | 12/03/2026 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £181,000 | 14/05/2025 | Terraced |
| 24 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £190,500 | 22/09/2023 | Terraced |
| 14 DERBY AVENUE, SALFORD, GREATER MANCHESTER, M6 5FZ | £185,000 | 08/09/2023 | Terraced |
| [Same street] 8 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £178,000 | 14/08/2023 | Terraced |
| 84 CHANDOS GROVE, SALFORD, GREATER MANCHESTER, M5 5LJ | £187,500 | 22/06/2023 | Terraced |
| 69 DERBY ROAD, SALFORD, GREATER MANCHESTER, M5 5LA | £125,000 | 25/05/2023 | Terraced |
| 2 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT | £177,000 | 11/11/2022 | Terraced |
| 4 ORREL STREET, SALFORD, GREATER MANCHESTER, M6 5TD | £97,500 | 04/11/2022 | Terraced |
| [Same street] 34 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £180,500 | 03/08/2022 | Terraced |
| 14 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £160,000 | 29/07/2022 | Terraced |
| [Same street] 7 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £157,000 | 21/07/2022 | Semi-detached |
| 9 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £140,000 | 21/07/2022 | Terraced |
| 11 ANNIE STREET, SALFORD, GREATER MANCHESTER, M6 5LF | £155,000 | 30/06/2022 | Terraced |
| 18 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT | £115,580 | 17/06/2022 | Terraced |
| [Same street] 8 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £177,000 | 01/06/2022 | Terraced |
| 5 ANNIE STREET, SALFORD, GREATER MANCHESTER, M6 5LF | £169,000 | 30/05/2022 | Terraced |
| 540 LIVERPOOL STREET, SALFORD, GREATER MANCHESTER, M5 5JX | £205,000 | 30/05/2022 | Terraced |
| 577 LIVERPOOL STREET, SALFORD, GREATER MANCHESTER, M6 5GY | £230,000 | 20/05/2022 | Terraced |
| [Same street] 2 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £153,000 | 18/05/2022 | Semi-detached |
| 1 ORREL STREET, SALFORD, GREATER MANCHESTER, M6 5TD | £134,000 | 18/05/2022 | Terraced |
| [Same street] 31 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £170,000 | 30/03/2022 | Terraced |
| 10 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT | £149,000 | 25/03/2022 | Terraced |
| 67 DERBY ROAD, SALFORD, GREATER MANCHESTER, M5 5LA | £140,000 | 28/02/2022 | Terraced |
| 5 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £173,500 | 24/01/2022 | Terraced |
| 10 WYTHBURN STREET, SALFORD, GREATER MANCHESTER, M6 5LB | £136,500 | 06/01/2022 | Terraced |
| 18 ST LUKES ROAD, SALFORD, GREATER MANCHESTER, M6 5DH | £102,050 | 10/12/2021 | Terraced |

**Street average:** £169,250 (6 sales)
**Area average:** £157,657 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £263,717 (15 Terraced, M5, 2024–2026)
- **Deviation:** -54.5%

## Rental Range

*ONS Price Index of Private Rents (Salford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,046/mo
- **Realistic:** £1,162/mo
- **Optimistic:** £1,278/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Wychbury Street, M6 | £1,250/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Terraced House, Wychbury Street, M6 | £1,300/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Terraced House, Wychbury Street, M6 | £1,100/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Terraced House, Fram St, M6 | £950/mo | 2 | 0.22 miles | OpenRent |

**Average rent: £1,150/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.98% (okay)
- **Max investor price (0.8%):** £146,875
- **Target investor price (1%):** £117,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,175/mo).*

- **Gross yield:** 11.8%
- **Cost-to-rent:** 8.5×
- **Monthly cashflow:** £560/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 19.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,412/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 48.8%
- **10y growth:** 122.1%

## House Price Index (HM Land Registry)

*Official index for Salford; Terraced series; as of April 2026.*

- **1y growth (index):** -2.3%
- **5y growth (index):** 28.8%
- **10y growth (index):** 97.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)